Budget passed Tuesday will raise typical $200G home property tax bill by $164

First issue property tax bills are scheduled to be mailed on Tuesday (Courtesy photo)

ROCHESTER - The Rochester City Council adopted the FY24 budget on Tuesday.

The adopted budget is $5,548,945 below the tax cap, with an estimated tax rate increase of $0.82.

For a typical 200,000 home - excluding other factors such as the property's assessment - the increase would amount to a total tax bill increase of $164.

The tax-cap compliant budget was aided by the Chief Assessor updating the 2023 Preliminary Net Assessed Valuation after the original budget proposal was brought forward last month.

The assessor's updated valuations included an additional $30 million in assessed value.

First issue property tax bills are scheduled to be mailed on Tuesday with a due date of July 13, 2023.